RE: ZNWD buys remains 50% in its resource23 Jun 2021 15:47
Maybe, but CEZ already controls Geomet. CEZ could simply take out ZNWD (without having to worry about any complications re EMH’s 49% and just do a JV deal between CEZ/Geomet for the combined asset. Would be a major coup for the CR, effectively killing competition from across the border and giving them the whip hand for the bulk of Europe’s supply.